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A much-heralded Central Kentucky agri-industry that would have hired about 100 employees and paid area farmers to grow possible new crops is now on hold.
Back in April of 2008, Alltech, Inc., a global company devoted to animal health and nutrition, announced it would convert the vacant Springfield Tobacco Redrying Company building into a biorefinery, turning farm crops into petroleum.
Based in nearby Nicholasville, Alltech had just learned it qualified for a $30 million matching grant from the U.S. Department of Energy and $8 million in Kentucky state tax incentives.
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